A new survey-based report by EY and the Institute of International Finance (IIF) has concluded that, as technology and ongoing competitive disruption force banks to reinvent themselves, the risk management function must undergo a revolution with risk management professionals balancing their roles and operating models.
Gemma Platt shares five critical steps that businesses need to take in order to embed and embrace ISO 27001 risk assessments within their data protection processes.
In February 2018 ISO issued an updated version of the ISO 31000:2018 risk management standard. Standards Australia has now released a version of the new standard, adapted for the Australian market.
In India, risk management teams are now expected to take on a greater role not only in terms of leading risk governance and compliance, but also actively influencing strategic growth decisions by addressing new and emerging risks says a new report.
With its revamped ERM program, Marathon Petroleum Corporation (MPC) gains insights that enhance its decision-making processes and optimizes strategic initiatives. To recognize its accomplishments, RIMS, the risk management society, presented its 2018 Global Enterprise Risk Management Award of Distinction to MPC
New research from managed hosting company Hyve quantifies the reputational damage caused by website downtime. Over a third (36 percent) of UK shoppers say a non-functioning site immediately damages their opinion of a brand, causing perceptions of an ‘unprofessional’ and ‘poorly managed’ business.
There are significant differences in risk perceptions across the eight regions covered in the World Economic Forum’s new Regional Risks for Doing Business report. Over 12,000 executives highlighted concerns ranging from economic to political, societal and technological.
A decrease in stakeholder trust can have a substantial impact on a company, according to new research from Accenture; making it essential that enterprise risk managers consider the issue.
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) and the World Business Council for Sustainable Development (WBCSD) have released a jointly developed document, ‘Guidance for Applying Enterprise Risk Management (ERM) to Environmental, Social and Governance (ESG)-related Risks.’
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